Drones Market Insights With Statistics and Growth Prediction 2019 Drone Market | Page 2
North America is the leading region in the global drone market during the forecast
period.
North America has the highest demand on account of major applications in military sector
followed by Europe. Owing to the technological advancement and utilization of drone
capabilities like the use of thermal and hyperspectral sensors in flight to capture and
experience the immersive view from drones. For instance, in 2017, the U.S. government
launched a program to increase the testing of commercial UAVs to include nighttime
operations, flights beyond the VLOS and flights flown over people. The country generates
high demand for drones used for surveillance purposes. Moreover, commercial application
opportunities are growing as well. The Asia Pacific is the fastest growing region with
significant growth on account of expanding product application in commercial and military
areas due to several macro and micro economic factors like the socio-political difference
between various Asia-Pacific countries, territorial conflicts, and growing insurgency rates.
Objective of the Study:
To analyze and forecast market size of the Global drone market, in terms of value &
volume.
To examine the careful market segmentation and forecast the market size, in
terms value, on the basis of region by segmenting drone market into five regions,
namely, North America, Europe, Asia Pacific, Middle East and their leading countries.
To outline, categorized and forecast the global drone market on the basis of product
type, segment, and application.
To examine competitive developments like expansions, technological advancement,
services, and regulative framework within the global drone market.
To highlight the impact analysis of the factors, affecting the market dynamics such
as drivers, restraints, opportunities, and challenges.
To strategically profile the key players and comprehensively analyze their market
shares along with detailing the competitive landscape for market leaders.
Global Drone Market Competitive Landscape
Companies as Yuneec International Co. Ltd., SZ Dajiang Innovations Technology Co., Ltd.,
Parrot S.A., 3D Robotics, Incorporation, AeroVironment, Inc., General Atomics, Lockheed
Martin Corporation, Northrop Grumman Corp., Boeing, China Aerospace Science and
Technology Corporation, Bae systems, Israel Aerospace Industries, Textron, Elbit Systems
Ltd. are the key players in manufacturing drone globally.
Key Target Audience:
Market research and consulting firms
Industry associations
Raw material suppliers
Global drone manufacturers
Research organizations and consulting companies
Organizations, associations and alliances related to drone market
Regulatory bodies
Scope of the Report
By Type
Fixed Wing Drone
Rotary Blade Drone
Hybrid Drone
By Segment
Consumer
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